I have not made a decision yet and I am not keen to sell.
The Directors recommending do nothing fantastic. But what are they going to do to hold the share price at $0.28 plus. They have already announced in 2011. Drill some holes (Early 2011 already Running late.) Maybe start a prefeasibility. In 2009 there was a capital raising at $0.16 In 2010 there was a capital raising at $0.16. In 2010 the was options expiry @ $0.25 which had about a 10% take up. One of the top 20 sold down.
I would prefer not to sell but we have an illiquid stock prior to the offer and hot air plans.
My decision will consider the Directors concrete achievable funded plan they have till the 21 March.
Note. My decision will be a hard risk reward decision as I have already doubled my money in 18Mths.
AHR Price at posting:
27.0¢ Sentiment: None Disclosure: Held